Is Gold A-Glitter Again? After consolidating for much of the year, Gold has recently broken out of a trading range to the upside, back to levels not seen since the summer of 2016.
It has historically been true that gold has benefited from a weak dollar. Recently, the flip side of that coin has come into play: gold has been punished by a stronger dollar. The inverse relationship has historically been less tight than now, leading some to fear that a continuation of the dollar’s rise (driven in […]